The annual Global Carbon Budget reported a 1.1% increase in fossil fuels, carbon dioxide (CO2) emissions, reaching 36.8 billion tonnes in 2023
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In 2015 world leaders made a promise to reach the 17 sustainable development goals by 2030. We are halfway there and only 15% of SDG’s are on track. So what’s next?
The European Union enters the transitional phase of its climate action strategy (CBAM), while it faces pressure to tackle carbon-emitting industries.
Slowing down global warming hinges on stopping deforestation while embracing natural climate solutions holds the potential to generate fresh avenues of income as global carbon markets develop.
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Market clarity empowers businesses to leverage verified high-quality carbon offsets and maximize their net-zero goals. Explore how these offsets are measured and find the perfect fit for your sustainability journey.
ClimateTrade, the world’s first blockchain-based climate solutions provider, has acquired climate neutrality company TeamClimate to expand its global reach and improve its product portfolio.
ClimateTrade will be actively participating in COP27, our fifth UN climate change conference. There are less than three weeks left before the biggest climate event of the year, and we are ready to go. This year’s theme is Together for Implementation, and we can’t wait to push the agenda on the voluntary carbon market, ensuring carbon credit quality and harmonized carbon pricing, as well as biodiversity credits as a tool for nature protection. Panel participation So far, our CEO Francisco Benedito is due to speak in three different panels: 09/11 – 15.30 CET: Sustainable Innovation Forum – When will the carbon offset market become credible and truly protect and regenerate the planet? (Innovation Zone Sharm el-Sheikh + live streaming) Carbon markets are rapidly growing as companies and consumers look to offset the environmental impact of their choices. How can we meet the demand for a quality global carbon market that operates effectively to ensure genuine impact for the planet? How can we protect and enhance the planet’s natural carbon sinks? What are the opportunities of blockchain and digital technology? How close are we to developing an agreed standard for certifying carbon credits? Register here. 14/11 – 13.30 CET: World Biodiversity Summit – Carbon Markets and their Role for Biodiversity – Stepping Up Climate & Biodiversity Action by Trading CO2 (Park Regency Sharm el-Sheikh + live streaming). Carbon markets play a crucial role in fighting climate change and can fast-track the transition to a net-zero economy. To better synergise the global climate and biodiversity goals, carbon markets should not only focus on mitigating climate change, but projects should also consider their effects on biological diversity. This fireside chat will look at the business cases and policy frameworks needed to achieve nature-positive carbon markets. Register here. 14/11 – 16.30 CET: ICC Make Climate Action Everyone’s Business Forum panel – Transparency, reliability and collaboration in the carbon market (online) A fair and transparent carbon price is key to support companies’ climate transition, and the ICC Carbon Pricing Principles lay the bases for this harmonization. Since their publication, the Spanish Chamber of Commerce and several local Chambers of Commerce have been working with ClimateTrade to leverage blockchain technology for transparency in carbon pricing. In this session, Francisco Benedito, CEO of ClimateTrade, discusses the results of these efforts to implement the ICC Carbon Pricing Principles. Register here. Live carbon offsetting at the Innovation Zone As a Sustainable Innovation Forum sponsor, ClimateTrade will offer COP27 attendees the option to calculate and offset the carbon footprint of their participation in the event, live from our booth. Come visit us to experience our whitelabel solution first-hand!